Technical
Financial
Distress signals
Property profile

8420 Fairmount St Davenport, IA 52806

OFF-MARKET
Warehouses
Property ID
US25-0541659
16,200 SF 1.09 ac lot Built 2022
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 16,200 square foot industrial property, located at 8420 N Fairmount Street, presents a unique investment opportunity. The single-tenant building sits on a parcel identified by APN V3223A02 and is zoned I-1, allowing for a variety of industrial uses. The property features one main building encompassing a total of 16,200 square feet, currently with 1,800 square feet vacant and immediately available. The existing tenant occupies the remaining space. The vacant space comprises 30x60 heated contractor suites, each equipped with a 14x14 automatic overhead door featuring a keypad and opener. Additional amenities include energy-efficient LED lighting, a concrete pad, 17-foot ceilings, a restroom, mop sink, floor drain with oil separator, water heater, water spigot, and 3-phase power. Each suite also includes designated parking. The tenant is responsible for all utilities. This property is ideal for a variety of businesses seeking flexible, well-equipped industrial space with convenient access and ample parking. The property's combination of size, features, and zoning makes it a highly desirable asset in a competitive market. Immediate occupancy is available.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Construction FRAME
Total area 16,200 SF
Lot 1.09 ac (47,480 SF)
APN V3223A02
UPID US25-0541659

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping
  • Production Facility
  • Auto Repair Shop

Location

8420 Fairmount St Davenport, IA 52806-6443
Davenport metro Census 10202 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2023
Last sale
$300,000
4 recorded transactions
2023
$300,000
2022
Price N/A
2021
Price N/A
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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